Turkey's annual inflation rate slowed to 38.2 percent in June, official data showed Wednesday, although economists warned that this may be a low point for the year.

The rate slowed from 39.6 percent in May, according to the TUIK state statics agency.

Asian stock markets sank Wednesday after a survey showed Chinese industrial activity weakening.

Shanghai, Tokyo, Hong Kong and Sydney retreated. Oil prices were mixed.

Global stock markets fell Wednesday as traders awaited a U.S. jobs update and notes from the latest Federal Reserve meeting for guidance on interest rates.

London, Shanghai, Paris and Tokyo declined. Wall Street futures were lower as U.S. markets prepared to reopen after a holiday. Oil prices were mixed.

Jordan's Attarat power plant was envisioned as a landmark project promising to provide the desert kingdom with a major source of energy while solidifying its relations with China.

But weeks after its official opening, the site, a sea of black, crumbly rock in the barren desert south of Jordan's capital, is instead a source of heated controversy. Deals surrounding the plant put Jordan on the hook for billions of dollars in debt to China — all for a plant that is no longer needed for its energy, because of other agreements made since the project's conception.

Saudi Arabia has said it enjoys "full rights" along with Kuwait to a disputed gas field in the resource-rich Gulf, pushing back against claims by Iran, state media reported late Tuesday.

The field, known as Arash in Iran and Dorra in Kuwait and Saudi Arabia, falls under "joint ownership between the Kingdom of Saudi Arabia and the State of Kuwait, and they alone have full rights", the official Saudi Press Agency reported, citing a foreign ministry source.

The French judiciary has accepted the Lebanese state’s request for freezing the assets and properties of Central Bank Governor Riad Salameh and his associates Raja Salameh, Marianne Hoayek and Anna Kozakova, caretaker Justice Minister Henri Khoury said on Tuesday.

To U.S. President Donald Trump, America's trade relationship with Mexico was intolerable. He seethed over the U.S. trade deficit and the shuttered factories in America's heartland. "No longer,'' he vowed six years ago, "are we going to allow other countries to break the rules, to steal our jobs and drain our wealth."

So Trump pressured Mexico and Canada to replace their mutual pact with one more to his liking. After a couple of years of negotiations, he got what he wanted. Out was the North American Free Trade Agreement. In was the U.S.-Mexico-Canada Agreement.

China has imposed export curbs on two metals used in computer chips and solar cells, expanding a squabble with Washington over high-tech trade ahead of Treasury Secretary Janet Yellen's visit to Beijing this week.

The controls on gallium and germanium are intended to "safeguard national security," the Commerce Ministry said late Monday. It said exports will require official permission once the rules take effect Aug. 1 but did not say what restrictions might be applied.

Global stock markets were mostly higher Tuesday after Australia's central bank kept its key lending rate unchanged and Wall Street hit a 15-month high.

London, Shanghai, Paris and Hong Kong advanced. Tokyo declined. Oil prices rose after Saudi Arabia and Russia said they are extending cuts to the amount of oil they pump to try to prop up prices..

Saudi Arabia and Russia are extending cuts to the amount of oil they pump to the world in a bid to prop up prices, showing how two of the world's largest oil producers are scrambling to boost income from the fossil fuel even as demand has weakened with the economy.

The decision gave a slight boost to oil prices Monday and comes after the Saudis announced a large cut in output for July at the latest meeting of the OPEC+ coalition of oil producers — raising concerns that gasoline prices for U.S. drivers could start ticking up.